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February 2018 Cedar Falls Market Report
Dated: 03/01/2018
Views: 835
Cedar Falls Real Estate Market Report
February 2018 market stats:
•Closed sales: 18
•New accepted offers/pending sales: 56
•Median sales price: $213,250
•Highest sale price: $334,204
•Lowest sale price: $86,300
Current market environment (March):
•113 homes for sale
•Highest priced listing: $874,900
•Lowest priced listing: $79,999
•Total pending Sales (properties under contract): 85
•The most listings per price range is in the $150,000- $200,000 range (18)
Market analysis summary
All homes above $350k reflect a buyer’s market. A buyer’s market indicates slower sales, resulting in overall lower sale prices due to decreased demand. $200-250k and $300-350k reflect a balanced market, and all other price ranges indicate a seller’s market. A seller’s market indicates homes are moving quickly on the market, allowing competition to drive up average sale prices. The strongest price range in terms of number of sales in Cedar Falls is again the $150-$200k range (5 closed February sales).
Jessica Schoof
Realtor, Structure Real Estate
319-939-7784 | structure.jessica@gmail.com
Jessica Schoof
I offer streamlined real estate expertise to meet the buying and selling needs of my clients in Cedar Falls, Waterloo and surrounding areas. I take pride in exceeding my clients' expectations and deve....
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Cedar Falls Real Estate Market Report February 2018 market stats: •Closed sales: 18•New accepted offers/pending sales: 56•Median sales price: $213,250•Highest sale price: $334•
Cedar Falls Real Estate Market ReportCurrent market environment (February):117 homes for sale Highest priced listing: $874,900Lowest priced listing: $79,999Pending Sales (properties under
Cedar Falls Real Estate Market Report Current market environment (December): 116 homes for sale (down from 168 last month) Highest priced listing: $749,900 Lowest priced listing: $89
Listing information © 2019 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data updated daily. Data last updated: November 15, 2019 11:27 AM.
